Analysts Set Expectations for Stella-Jones Q4 Earnings

Stella-Jones Inc. (TSE:SJ - Free Report) - Analysts at National Bank Financial lowered their Q4 2024 earnings estimates for shares of Stella-Jones in a report released on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings per share of $0.74 for the quarter, down from their prior forecast of $1.01. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones' FY2025 earnings at $5.64 EPS.

Several other research analysts have also weighed in on SJ. CIBC raised Stella-Jones from a "neutral" rating to an "outperform" rating and upped their target price for the stock from C$83.00 to C$86.00 in a research report on Wednesday, January 15th. Royal Bank of Canada decreased their target price on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Scotiabank reduced their target price on shares of Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. TD Securities dropped their price objective on shares of Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. Finally, Cibc World Mkts upgraded Stella-Jones from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Stella-Jones currently has a consensus rating of "Moderate Buy" and a consensus price target of C$88.50.

Stella-Jones Price Performance

Shares of SJ stock traded down C$0.76 during midday trading on Monday, reaching C$72.75. 82,421 shares of the company were exchanged, compared to its average volume of 187,344. The company's 50 day moving average price is C$71.17 and its two-hundred day moving average price is C$82.92. Stella-Jones has a 12 month low of C$65.43 and a 12 month high of C$98.00. The company has a market cap of C$4.10 billion, a P/E ratio of 11.75, a PEG ratio of 2.40 and a beta of 0.64. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57.

Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.42 EPS for the quarter, missing analysts' consensus estimates of C$1.70 by C($0.28). Stella-Jones had a return on equity of 20.64% and a net margin of 10.20%. During the same quarter last year, the company posted $1.91 earnings per share.

Insider Transactions at Stella-Jones

In other news, Director Rhodri Harries purchased 5,000 shares of the stock in a transaction on Thursday, November 14th. The stock was purchased at an average price of C$69.50 per share, for a total transaction of C$347,500.00. Also, Senior Officer Richard Cuddihy purchased 500 shares of the business's stock in a transaction on Wednesday, November 13th. The shares were acquired at an average price of C$70.85 per share, for a total transaction of C$35,424.00. Over the last ninety days, insiders have acquired 12,785 shares of company stock valued at $896,221. 0.14% of the stock is currently owned by company insiders.

Stella-Jones Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 2nd were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.54%. Stella-Jones's payout ratio is currently 18.09%.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.